The Geography Of Jobs: Mapping The Recovery

Tyler Durden's picture

The current 'boom'in energy production, the hangover from the housing bubble, and the long-term decline in manufacturing employment are combining to shift the employment profile of the US economy. But as Deloitte Unioversity press notes, the national story of slow recovery obscures the more complicated regional picture: As is the case during most business cycles, the pace of recovery has been very uneven among the states. At present, only 16 states plus the District of Columbia have employment rates at least one percent higher than they were prior to the start of the recession. Overall, as the following chart shows, Americans have been struggling to find work, but some states and industries have had an easier time than others.



Source: Deloitte University Press

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takeaction's picture

I see "Hiring" signs everywhere...the problem is this...the low wage jobs...people would rather sit on their ass and collect a check...or it is a different situation like the one I am in.  I have been looking for good salesman and car stereo installers for 6 months.  Qualified people are not out there.  

insanelysane's picture

My wife hired someone that had been out of a job in medical field for 2 years.  Person said they found another job after a week of working and left.  HR calls my wife the next week and says what happened?  The person filed for unemployment.  Working is for suckers.  Wife's company is fighting it.

Skateboarder's picture

Welcome to Amerika. Please leave your work ethic at the door.

Your post sums up the modern work ethic and the scam2earn mentality all too well. Thanks for the story.

Plus, the young generation has drank the entitlement kool-aid. It used to be that you worked hard, provided good services or products, and "moved up" by the nature of your work - largely speaking as a lowly pleb like myself would see it. Now you walk outta college with your mighty degree in bullshiting and drinking games, and you gotta be a "manager" right out of the blocks. That's if you can get a job at all. Back to the parents, with an overinflated ego and self-worth well stuffed in you by University Inc.

It's all fucked up out there.

chunga's picture

FWIW...wife got home yesterday and was pissed. She's never pissed but this time she was.

She learned that a completely non-essential person is making more money than she is. The person I speak of has an associates degree in MARKETING and COMMUNICATION. Forgive the CAPS but it pissed me off too. Wife is a BSN/RN, unblemished record of high responsibility positions. Something is wrong with the priorities there that is making responsible and skilled pros wnat to say fuck it. The other person brings sandwiches and pastries to doctor offices; so she makes more bascially doing graft/bribery/fraud.


Escrava Isaura's picture


You had a great story there until you introduced sandwiches.

if that person is in MARKETING and COMMUNICATION, he/she will definitely make more money than a nurse.

FredFlintstone's picture

An associates degree in a field where thousands with a BA/BS degree can't find a job? She sounds connected.

MachoMan's picture


This is the problem with our monetary policy, among other things.  Certain jobs end up paying a lot more than others without relation to productivity nor how critical the job is within the overall scheme of the organization.  This is why specialists become general practitioners after insurance clamps down on reimbursements for certain specialized procedures...  the main way to earn a good living at this point is to arbitrage those jobs where you don't have to do anything, but pay the same as your intended/qualified field.  There are a lot of arbitrage opportunities...

PS, there is no justice...  so if that's what she's after, then she'll always be disappointed with someone else's organization/bureaucracy. 

FredFlintstone's picture

Can you elaborate on the arbitrage opportunities and provide an example or two? My curiosity is piqued.

Keyser's picture

This is what happens when you pay people to sit on their ass... No morals, no ethics, no pride and no hope... 

I have a ex-friend that has been unemployed for over a year... He was offered his job back from his old employer after being on unemployment for 6 weeks, but he declined...  Now he is trying to figure out what to do now that his 55 weeks of UI is running out... I say ex-friend because I don't associate with folks with moral turpitude...  

Skateboarder's picture

I gave > 50K to a friend over three years time (two full years of rent and expenses in those three). This is a >150 IQ polymath. He didn't look for a job or try to stand up on his own feet. I cut him off last month after seeing that this was going nowhere. He doesn't get to talk to me until he stands up on his feet and stays there.

Even the greatest of people will sit on their ass and do nothing, as long as the free rent keeps coming.

I learned the hard way that you shouldn't give someone Something for Nothing without a good measure of hard work involved on their part. (all hail Rush).

shovelhead's picture

No matter how high his IQ...

He proved he was smarter than you.

I hope by posting this rhyme

That you'll be smarter next time.

Skateboarder's picture

Let me finish off the punchline and make it a limerick:

"And save yourself a buck or two." ;-)

CheapBastard's picture



I hear you on that point. My Family doc is closing up shop and going to work for a hospital. Said he's losng money with all the overhead, paying for his own pension plan, his own health benefits and employees, etc ... while his son who just graduated in Marketing is beginning this Fall at $78k.

He now regrets spending all those years studying, pressure, loans, etc. To me this means society's priorites are screwed up when you see stuff like this; so who here in merika is going to want to go into medicine in the future ... except for foreign grads who will do anything to get out of the Bombay slums and come here for half the salary? Just like seeing truck drivers in Australia paid more then a heart surgeon earns there. 


MachoMan's picture

He needs to find an honest business adviser.  In my experience, doctors know how to practice medicine and pretty much nothing else in life.  However, the M.D. tends to instill the notion in them that they can do everything very well, which makes diagnosing their problems before they file for BK a bit tricky.

The flip side is that doctors are probably THE most exploited class...  they get raped from every professional they see.  In the modern era, most successful professionals don't charge by the service, but what they expect the client can pay.  Narcissism is great if you're a driven person, but it's hell when you have to convince yourself that you're being taken advantage of...  how do you get one over on god? 

For some reason, doctors are all too happy to throw their practices away to a larger entity and then, five years down the road, complain that the bargain wasn't all it was cracked up to be...  they've run through the up front money and now hate working for someone else.  It's kind of like trying to go live back at home after you've moved out...  if you can stand more than a couple weeks of it, then there's something wrong with you.


Richard Chesler's picture

Hope and change bitchez!


During the Obama administration, according to Pentagon data, police departments have received tens of thousands of machine guns; nearly 200,000 ammunition magazines; thousands of pieces of camouflage and night-vision equipment; and hundreds of silencers, armored cars and aircraft.

AldousHuxley's picture

that doctors are probably THE most exploited class...

they sit at the beginning and the end of one's life and extract all they can.


Myth: doctors save lives"

Truth: everyone eventually dies, doctors just delay the inevitable


Myth: doctors deserve all that money because of education

Truth: on the job work experience always trump education and there are plenty of those who are educated yet do not join the 1% $300k/year salary. If your janitor got himself an phD in janitorial studies, are you willing to pay him 10X market rate?


Myth: doctors deserve the money because they have debt in medical degrees

True, but it is a professional degree to make money for themselves. and the REAL training and education is funded by MEDICARE MEDICAID funds by the government during residency. They love to bitch about how they don't get paid, except they don't tell you they are getting government funded internship AND getting living wages.


Myth: you want the smartest people to become doctors

Truth: what's the difference between top 1% graduates VS top 2% graduates? Doctors artificially limit supply of entrance into their profession to keep the wages artificially high. Remember they are not inventing cures, just following common orders to prescribe.


Myth: you will have access to the best doctors in the world

Truth: Saudi royals get the world class doctors. You will get the bottom 90 percentile of regular doctors no better than many in advanced countries like Japan, Germany, etc.


Myth: doctors cure people

Truth: drugs are created by bio engineers working for big pharma, and procedures are created by research doctors at universities who get paid less than full practicising doctors. To make better cars, do you want to pay engin designers or your local mechanic?


Myth: doctors make whatever the market will bear since we live in a free market capitalism

Truth: doctors enjoy subsized years of training from MEDICARE MEDICAID funds, increased revenue due to government subsidies for tax-free exemptions of many services (hospitals are tax-exempt, drugs can be paid with tax-exempt funds like FSA, medical services can be paid with tax-exempt funds, hospitals get to write off unpaid services, government subsidizes hospitals in poor areas) Imagine that you can buy GM cars without tax, GM dealers get tax-exempt status (in US, cars are a necessity), auto-mechanics get 4 years of paid internship, and your taxes also pay for services, parts, and shop buildings for poor people. Imagine how much they can jack up from market based prices.


Myth: I can't get medical services because of high insurance

Truth: insurance is high because medical service prices are high because doctors are effectively unionized. COST CONTROL must come from LOWERING OF LABOR WAGES. 


Myth: Doctors have god complex

Truth: Yes they do without realizing that they live in government protected industry while everyone else is on cut-throat market competition


Myth: everyone deserves to live as long as possible

Truth: do you really want to live like a vegetable at age 120 while depleting all of your inheritance to better the world and your children on people who promise year 121 is going to be worth the millions?



4X MORE SPECIALIZED DOCTORS with NARROWER specialties (any monkey can become really really good at one thing after a while),

single pay option SINCE GOVERNMENT IS PAYING HALF OF MEDICAL COSTS ANYWAY (either through tax exemptions or direct funds in research, hospital buildings, medicare/medicaid)

LIMIT life support until AGE 90. beyond that you pay on your own if you want to.


A GOOD Book is not a LONG Book.

MachoMan's picture

You're preaching to the choir bud...  I didn't say that doctors don't do their fair share of exploiting too (probably dramatically more than most all other professions - an issue I bring up routinely on this site regarding fraudulent billing under the auspices of "defensive medicine").  However, I'm certain that there are plenty of financial types on here that have stuffed some docs' portfolios full of shit to bang out a few extra bucks...  or other professionals that have gang raped the docs coming and going on fees of all sorts...  or their spendthrift wives...  I suppose this gets back to the question of whether it's really stealing if you're just taking your own bike back.

willwork4food's picture

Does this mean you are taking applications for new friends? I'm available!

Blano's picture

Can I be your friend?  It'll only cost you about 10K.  Quite the bargain there.  : )

Skateboarder's picture

Y'all like buy one get one free. ;-)

I haven't saved a dime in those three years. I'm just starting now. Will let you guys know if I'm in interested in taking on more friends in the future lol.

theminister's picture

You had me at Rush.

Everything else you might have written was just blah, blah, blah, "all hail Rush" blah, blah.

MachoMan's picture


Yeah.  Many of the opportunities have to deal with out of state/multinational corporations in a smallerish town.  While you would think they're perfectly capable of gauging the local market and pricing accordingly, they tend to overshoot for areas where the cost of living is lower (flyover states).  For example, there was a job being the regional manager of sonic drive-thrus...  would manage 4-5 shops...  paid...  $250k.  What education is necessary?  None really...  look at some books, manage inventory levels, crack some heads...  pretty much a jerk off position in comparison to many things.  Same for the manager of a lot of chain restaurants and retail stores...  pay way too much for what you're expected to do...  here, they would pay about 1.5-2x the average family income.

Have you compared professional jobs with academic?  Especially for the business department (humanities are often below the poverty threshhold), the salaries are hilariously overpriced.  Granted, it's a year-to-year contract, but the local university pays $115k+/yr for an associate accounting, business law, econ, management, or finance professor.  A cpa with a decent sized practice or a cpa working in industry would actually have to work the whole year to make 3/4 of that.  A financial planner probably wouldn't get close...  a senior vp of a TARP bank might make that...

You just have to look for the honey pot and strike now...  drop what you're doing and exploit the arbitrage...  get it while you can.  Just keep doing this the rest of your career and retire early to a snail's pace business that makes a consistent return.  There are pricing distortions everywhere...

FredFlintstone's picture

I guess that I have been exploiting this for about 20 years working for a large consulting firm while living in the midwest. I make a little less than my counterparts that live on the coasts, but my cost of living is so much less. I can live like they can only dream about. They are on the lower end of the food chain and I am on the upper end as far as profesional wage slaves go.

MachoMan's picture

Exactly.  I live in the cheapest place to live in the country...  While jobs do tend to pay less, the net is better.  Prices are largely flat with a slight inflationary (increase) bias.  Investing is easier as the environment is less prone to swings...  However, we're getting a large migration from the east and northeast...  and we don't have enough jobs to keep up.

AldousHuxley's picture

but if you are middle class, your largest investment = HOUSE, is not increasing YOY as they do on the coasts.


You are enjoying good quality of life NOW, but at retirement, the folks living in shitty little boxes in California have $800k home equity versus $300k in midwest. Meaning you will have to find a even cheaper place to retire while coastal residents get to cash in.


Nice house in shitty area OR shitty house in nice area for middle class.

Nice house in nice stable area is always in demand.

California Nightmares's picture

Actually, that 800,000 house in CAL would fetch less than 100,000 in a cozy spot along the lake in NE Ohio. 

FredFlintstone's picture

I have owned my 2,700+ sf house free and clear for about 8 years now. 3 car garage, 9 ft ceilings, wooded lot, granite counters. It would be great if it appreciated, but it is not necessary. It it not my most valuable asset. In a high priced area, it would be and I would not be able to save any money.

My salary would be maybe only 10% more in SF or LA. I can join a country club or vacation to Europe if I want to. 30 minute commute.

MachoMan's picture

Being middle class now means, in part, avoiding home ownership when it doesn't make sense...  further, the less money that you're forced to tie up in a house, the more money you have to position yourself for transfer into the next currency regime.

chunga's picture

Hey's it going? I doubt she is going to say anything but she might...just for her own satisfaction only because you are right. My guess is the exec at this outfit has to report what they're doing to bring in new patients at all these meetings they go to. So "marketing" is in the budget...hence this other person's job. It isn't about this girl, even though it sounds like she does nothing. It's about the corporate thinking that a non-essential marketing person should get paid more than a medical pro. There are many times that she is the only RN (she is superviser) in the building and if she isn't there *nothing* related to medical services can be done. She is disappointed and insulted because she takes a lot of pride in how people get treated and she works her ass off.

Vampyroteuthis infernalis's picture

Dear Yankees, If you move to Texas, that is fine as long as you leave your libtard politics at the state border.

Keyser's picture

Funny, but I actually tell transplants this when I bump into someone that is new to Texas... You should see their eyes when comprehension sets in... Priceless is the only word to describe it... 

shovelhead's picture

Been to Austin lately?

Seems you could run a hefty business exporting libtards.

Vampyroteuthis infernalis's picture

sh, I spent over 8 years in Austin. Austin is cool minus the politics which are slowly making the city unlivable. I now reside in DFW which has a lack of libtards and we intend to keep it that way.

Blano's picture

I'm in DFW.  Lack of libtards?  I wish.  Way more than I thought when I got here.

Jam's picture

Is that the same Texas where a plumbing contractor bids three grand to replace a 500 dollar residential water heater. Then sends over a couple Mexican "technicians" to do the work.

Terminus C's picture

The world is no longer about productivity, only about optics.  I am finding the same where I am.  People who talk the talk and kiss the right asses get promotions and often those who walk the walk and are productive get ignored... because they are a threat to those who just talk.

New_Meat's picture


"People who talk the talk and kiss the right asses get promotions... "

Yep, and 'twere that way after Augustus snuffed the Roman Republic. 'course, they didn't have the bloodsucking class of lawyers in mutual masturbation to their mutual benefit.

They accomplished the "Fundamental Transformation in like 2 years.

- Ned

ImGumbydmmt's picture

That is the only corporoate world I have even known going back to 1993.

Showing up as the new guy and outshining the old guard only pisses folks off.

Try someplace else and see the same thing starts to get old.

It takes a special set of slimy skills to advance in those environments.

I'm much better off self employed.



MachoMan's picture

@ Chunga

Doing pretty well...  hung my own shingle first of the year...  business is picking up...  That case we talked about against the TBTF on the issue of standing to foreclose ended up settling...  we managed to shave a helluva lot off the top though, so the clients were happy.

As far as the medical profession goes, administration is where the money is...  the boots on the ground that are necessary for the place to bill an insurance company and who do all the work, all tend to get paid nothing in comparison to administrators.  This all boils down to equity theory:  It's a huge source of burnout.  My suggestion is to not fall prey to the musical chairs practice (just finding another place to work and discovering that it's no different than the place you left).  Change is good, but just make sure you're not trying to cut off your nose to spite your face.  I'm doing my best to help more than a few medical professionals get the hell out of the rat trap and set up their own shops and ditch the insurance noose.

We're working towards a world where the workhorses are the only ones with jobs and we burn ourselves out because of it and otherwise have a shitty existence...  making other people rich.  About all you can do is attempt to get a slice of the capital before you're replaced by a robot.

FredFlintstone's picture

Good post. Gives words to what I have been feeling/experiencing lately. Thanks.

chunga's picture

I suppose what really got my attention was that she actually told me about it. Like I say, she never, ever complains. My take-away was that - if she's complaining - as an RN - things can't be going too well on Main Street. This is a small 100 bed facility in a tiny little town. If money was number one priority she'd go to a big city and could make a lot more...been there done that. Now it's all about minimal stress, go there, work, get money, come home. Right now she has a chicken in one hand and a beer in the other.

Good luck with your practice man, I hope you do well!

(There are some good thoughts and comments on this thread thanks)

MachoMan's picture

The only takeaway from the thread that you (and she) need is that whatever happens with the world, it will need people that work...  if you're someone who can work, then I wouldn't lose much sleep.  If you can figure out how to work smarter, then you might be able to hang on to a middle class lifestyle.  However, if you cannot, then you probably will lose a rung or two...  of course, at the bottom end of the spectrum, the rungs are being compressed so there's not much difference between them.  If only some of us were born 30 years earlier...

grid-b-gone's picture

If this marketing woman brings in a half dozen patients per year from referrals, it doesn't matter what degree she has, if any.

Personable and, yes, attractive people, especially females tend to get face time with decision-makers. Doctors are busy. If her pastries and personal touch bring patients through the doors, she's a rainmaker and she's earning her salary.

True, the patient care part takes a lot more dedication, stress, education, and everything already mentioned that makes this situation seem unfair, but every business has to get that revenue potential through the door before the core services can be delivered and invoiced.  

grid-b-gone's picture

Starting off with a neg? Why do you think most new hospitals and hospital renovations have a multi-million dollar atrium? Marketing.

Why do you see ads on TV if you live in an area with more than one hospital?

It's a business - at least for the owners.

MeBizarro's picture

General practitioners make more than specialists?  More complete nonsense.  If this was the case, why do the overwhelming number of US medical students want to go into specialist residencies?  Specialists earn 1.5-4x what PCPs earn depending upon the medical specialty.

MachoMan's picture

You're going to cite people who shouldn't be going into the medical field at all (going into severe debt to do it and wasting years of possible productivity to a future where all the patients are turnips) as a basis for why being a specialist isn't necessarily a panacea?  It isn't that every generalist makes as much as a specialist.  The issue is that in certain situations, it's more beneficial to become a generalist because the pay is equivalent and you're ditching an incredible amount of responsibility.  For example, I have a heart surgeon client that, due to cutbacks in insurance reimbursements, decided to practice general surgery and now makes more money than he did when he was a heart surgeon (he is one of a top handful of heart surgeons in town).  Due to monetary policy, there are far too many examples of this (and I'm not limiting this to the medical field, it was simply a single example)...  one would expect this to happen every once and a while, but it happens in virtually every profession at every strata of the field.

In short, it's just one big game...  you find where the monies haven't been as curtailed and exploit it until they realign them closer to everything else...

MeBizarro's picture

Trust me as a health economicist and someone who has plenty of physician friends/colleagues/professional associations that generalists don't make more than specialists.

One of the biggest problems in the US medical system is that we incent and train way too many specialists and not nearly enough PCPs/GPs along with not letting PAs/NPs deal with medically-appropriate visits. 

MachoMan's picture

Trust me as a health economicist and someone who has plenty of physician friends/colleagues/professional associations that generalists don't make more than specialists.

In general, I agree.  However, that's not what we're talking about.

One of the biggest problems in the US medical system is that we incent and train way too many specialists and not nearly enough PCPs/GPs along with not letting PAs/NPs deal with medically-appropriate visits.

If you can accept that there is a need for generalists, then it shouldn't be too big of a jump to say that enterprising folks can hustle (low risk/low responsibility tasks) and keep up pretty well with their former specialist selves.  Part of the opportunity for arbitrage here is that the generalists already had their monkey hammering and, thus, everyone jumped into specialties...  well, in many of the fields, the specialists have now been hit (and this is the trend moving forward).  When you compare the education, type of work, pay, etc., in many medical fields, the generalist now has an incredibly strong position...  Would you take a 10% haircut in revenue to do 90% less risky work, pay 20% less med mal premiums, and not be on call?

It's hard for many folks who make the transition...  they're used to a different pace...  the plodding methodical specialist has a difficult time adjusting to the assembly line gp practice of banging out as many patients as possible every hour.  If properly organized, the gp can make a shit ton of money at a fraction of the responsibility...  different strokes. 

FredFlintstone's picture

Does she have a nice figure?